Telia Company

Share Issue/Capital Change • Jul 29, 2011

Press Release July 29, 2011

Change of number of shares and votes in TeliaSonera

This information has earlier been disclosed in a press release on 22 July 2011.

The reduction of share capital by means of cancellation of shares resolved upon on April 6, 2011 by the annual general meeting in TeliaSonera has been effected after the Swedish Companies Registrations Office's approval of the reduction as per July 19, 2011.

TeliaSonera's share capital has thereby been decreased with SEK 513,191,782.40, by means of cancellation of the 160,372,432 shares repurchased in TeliaSonera's repurchase offer in the spring 2011. After the decrease, TeliaSonera's share capital amounts to SEK 13,856,271,299.20.

As per July 22, 2011, there are 4,330,084,781 shares and votes in the company. After this, TeliaSonera holds no own shares.

For more information, please call the TeliaSonera press office + 46-771 77 58 30, press@teliasonera.com

Forward-Looking Statements

Statements made in the press release relating to future status or circumstances, including future performance and other trend projections are forward-looking statements. By their nature, forward-looking statements involve risk and uncertainty because they relate to events and depend on circumstances that will occur in the future. There can be no assurance that actual results will not differ materially from those expressed or implied by these forward-looking statements due to many factors, many of which are outside the control of TeliaSonera.

TeliaSonera provides network access and telecommunication services in the Nordic and Baltic countries, the emerging markets of Eurasia, including Russia and Turkey, and in Spain. TeliaSonera helps people and companies communicate in an easy, efficient and environmentally friendly way. Our ambition is to be number one or two in all our markets, providing the best customer experience, high quality networks and cost efficient operations. TeliaSonera is also the leading European wholesale provider with a wholly-owned international carrier network. In 2010, net sales amounted to SEK 107 billion, EBITDA to SEK 37.7 billion and earnings per share to SEK 4.73. The TeliaSonera share is listed on NASDAQ OMX Stockholm and NASDAQ OMX Helsinki. Read more at www.teliasonera.com.